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Banks' £1.4bn rate fixing fine

Eight major banks have been fined a combined 1.7 billion euros (£1.4 billion) by the European Commission over rigging benchmark interest rates.

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Record £1.4bn bank fines to go into the EU's budget

The 1.7 billion euros (£1.4 billion) fines for eight major banks imposed by the European Commission for rigging benchmark interest rates is to be ploughed back into the EU's budget, says ITV News Business Editor Laura Kuenssberg:

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